Loans & Credit Cards
Did you know?
Unlike a bank, a credit union is a non-profit financial cooperative.
Personal Loans
LESPFCU’s personal loans are available to help you meet your financial needs and goals.
LESPFCU lends money to members for a wide variety of needs, including:
- Debt consolidation
- Important purchases such as computers
- Furniture or household appliances
- Special events like birthdays, graduations or weddings
- Travel or vacation
- Holiday expenses
- Back-to-school expenses
Unsecured, half-secured and fully secured loans are available. You are eligible to apply for a loan as soon as you become a member. However, if you don’t already have an established credit history, you will have to wait one month after joining the credit union to apply for a loan.
What are the terms of LESPFCUs Personal Loans?
Personal Loans are available for as little as $100, and up to $10,000. The repayment period is up to 5 years.
What are the advantages of the Personal Loan from LESPFCU?
- Have access to money when you need it most and pay it back gradually, in affordable monthly payments
- Save money by paying a lower interest rate than is offered on many credit cards, or by most stores and local money lenders
- Establish or repair your credit history, making larger loans possible in the future
How can I apply for a Personal Loan?
LESPFCU members can apply for a loan by supplying the following information:
- A completed loan application
- Proof of income – At least one of the following (or all that apply):
- Tax Forms
- Pay stubs (3 most recent)
- Proof of Public Assistance, SSI, or SSD
- Signed, notarized letters from any household member(s) that contribute(s) income to the applicant and proof of their income
- 2 years Tax Returns, if self employed
- Proof of most recent rent payment or notarized letter from primary tenant stating how much member’s portion of rent is
- Proof of address – for example: telephone bill, cable, Con Edison.
- Reference Form
For further information or to receive a loan application, please contact our Loan Coordinator at (212) 529-8197 or at lending@lespeoples.org
All loans are subject to approval.
LESPFCU is an equal opportunity lender.


